Labor Market Recap March 2025: The Calm before the Storm
This is our last snapshot of the labor market before we really start seeing the effects of the new Administration’s policies on the economy.
Wages
48 postsLabor Market Recap December 2024: Relief, for Now
The further slowing we were worried about last month, particularly in the prime-age employment rate, did not materialize. This sets back expectations for earlier and more rate cuts this year, but it’s certainly a good report for anyone concerned about the left tail of labor market risk.
The 1990s Blueprint: Controlling Healthcare Costs to Boost the Economy
The 1990s saw an extended period of full employment, high growth, and low inflation. Part of this achievement was attributable to healthcare cost control efforts undertaken by both public- and private-sector actors.
Labor Market Recap October 2024: A Messy Report, but the Slowing Thru-line Remains
Due to the October payroll number marred by hurricanes and the Boeing strike, the real signal comes from the household survey (where those who are absent due to weather are still counted as employed) and the negative revisions to previous months.
Booming Productivity & Participation Alongside Slowing Income Growth: How The Labor Market Has More Than Rebalanced
Thanks to outperforming supply-side dynamics, the labor market has already rebalanced. At the same time, income growth is still decelerating and the lagging bits of the inflation overshoot...
